Art market

Flipping the Bacon: Sotheby's £69m post-war and contemporary sale lacks fizz

A £16m Francis Bacon self-portrait and a record for a little-known German artist enliven an otherwise dry sale in London as totals fall 40% on last year

Lawnews

Sotheby's denied dismissal of Rybolovlev's $380m lawsuit by New York judge

Papers filed in a Manhattan court this week order a pre-trial conference and the release of confidential documents

Art marketpreview

Tedious link: six degrees of separation at Masterpiece London

Emphasis on "storytelling" and making connections at the cross-collecting fair this year, chief executive says. So we created some tenuous links of our own

Fresh talent breathes life into slim £45m postwar and contemporary evening sale at Christie’s London

Records set for Tschabalala Self and Kara Walker as a new wave of works by contemporary artists come to auction—bucking the pale, male and stale status quo

Ignored by the Louvre, 'lost' Caravaggio bought in private sale is destined for 'important museum'

Estimated to sell between €100m-€150m at auction on Friday, an anonymous buyer has snapped up the disputed painting that was discovered in a French attic

Contested export of a Caillebotte painting raises questions about Canadian cultural law

A Canadian court recently overturned a ruling on the "national importance" of the French Impressionist's work, sold at Heffel Auction House in 2016

Tehran's art fair opens despite sanctions and growing tensions with US

Second edition of Teer Art Fair aims to foster domestic Iranian art scene at a time when international sales increasingly difficult for the country's galleries

Frieze announces the most international edition of Frieze London as well as new additions to Frieze Masters

The contemporary art fair will feature a new section devoted to textile works while Antiques Roadshow expert Amin Jaffer curates Collections at Frieze Masters

Mini Impressionist and Modern sale at Sotheby's makes £99m thanks to auction debutantes

Monet's waterlilies and Modigliani's portrait of an unknown boy lead the 25-lot sale, and new record made for Austrian artist Alfred Kubin's haunting drawing

Australia has underrated Sidney Nolan, expert says, as artist's widow's estate comes up for sale

Mark Fraser makes the remarks as a group of works by the Australian artist is about to be offered at Bonhams in Sydney with a combined estimate of AUS$1.3m-$1.8m

Art marketarchive

French decorative arts apparently recession-proof

The international market absorbs the Polo, Patiño and Johnson collections in one year. Tous les Louis do well but Louis XVI best of all

Art marketcomment

The Trump administration’s tariffs will not hurt China but they will hurt the US art trade

Art organisations join other US businesses at a series of hearings this week in Washington, DC on the proposed 25% tariff on $300bn worth of Chinese goods

Tough going for Christie's skinny £36.4m Impressionist and Modern art sale

Early Schiele drawing is the low-key star of an unremarkable sale, topped by a flashy Picasso

Art marketcomment

Sotheby's newfound privacy gives it greater freedom, but at what cost to the rest of us?

Former public company status left the auction house at a disadvantage to rival Christie's, but its quarterly finance reports provided rare insight in a secretive market

Sotheby's goes private as it is sold for $3.7bn

French-Israeli media billionaire Patrick Drahi's company BidFair USA buys firm from shareholders

Toddler sends €50,000 sculpture flying at Art Basel

Three-year-old girl reportedly knocks a fly by the German artist Katharina Fritsch off plinth

Object lessons: from an ancient Roman mosaic to an Art Deco icon of the LGBTQ+ movement

Our pick of items from auctions and fairs around the world over the next fortnight

Now showing: why do art fairs neglect video art?

Collector interest in videos is rising, but the medium still struggles to find floor space

South African art fair gets reboot under a new owner

Johannesburg-based FNB Joburg fair has been bought by its former director Mandla Sibeko

Datacomment

A crisis of faith: is Big Data the art world’s new religion?

The rise of Big Data means that connoisseurship is being replaced by "intel", which has far-reaching implications for the art world

Collector's Eye: Markus Hannebauer

The Berlin software entrepreneur tells us what he's bought and why he loves it

Off-floor selling boosts trade at Art Basel

Viewing rooms, appetite-whetting preview publications and digital platforms are all paying off for galleries at the fair

Paula Regofeature

Paula Rego: 'retire? and do what? eat ice cream?'

The Portuguese artist’s work focusing on issues such as abortion and honour killings is more relevant than ever – and curators cannot get enough

Auction prices: the elephant in the room at Art Basel

The first rule of art fairs is don't talk about auctions—but sometimes they can benefit artists and their dealers

At Art Basel, dealers are looking to reap the rewards of the Venice Biennale

It is an open secret that sales are made in Venice, but dealers at the Swiss art fair are looking to capitalise on the buzz the Biennale creates

Gerhard Richter: a buyer's guide

As a major retrospective on the artist is due to open at the Met Breuer in New York next year, we look at the German artist's market

Goodman Gallery will open in London to rail against 'heightened nationalist sentiment and populist politics'

South African gallery is first to be confirmed for new Cork Street redevelopment which has been empty since it was finished last year

Ethicsanalysis

The only way is ethics: the art world's 'networks of undue influence'

Ethics specialist Piergiorgio Pepe claims the power in the art industry is still held in the hands of a few

Gender parity in commercial galleries lags behind public sector in UK, report finds

Opinion that female artists make poorer investments has a lasting impact on the legacy of women, according to the research from Freelands Foundation

Artists and dealers resist the development of New York’s Chinatown

The coalition Art Against Displacement rallies against the construction of four contested luxury towers in a Manhattan Supreme Court hearing today